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Motilal Oswal neutral on Unitech

Posted on: July 1st 2009 in Brokerage Recommendations.

Motilal Oswal has maintained its neutral rating on Unitech, in its report dated June 29, 2009. “We have upgraded our NAV estimate to Rs 83/share from Rs 66/share, to account for (i) accelerated launch of projects, ii) reduction of WACC and cap rates, and (ii) 5% CAGR in real estate…

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